August 24, 2026 - Braskem Idesa, BFG Supply, TelePacific

This episode covers key developments in three major restructuring and bankruptcy cases: Braskem Idesa, Mexico’s primary polyethylene supplier, files a prepackaged Chapter 11 in Houston with approximately $3.6 billion in debt, after years of declining ethane deliveries from Pemex dramatically increased production costs. Backed by approximately $409 million in DIP financing, the plan would eliminate more than $920 million in funded debt while leaving trade creditors unimpaired. BFG Supply, a na...